Red Sea: FMC warns of looming economic fallout

The US Federal Maritime Commission (FMC) has held an informal public hearing to investigate the impact of assaults on merchant vessels in the Red Sea and Gulf of Aden. Commissioner Carl Bentzel voiced his concerns about the security of access through both the Suez and Panama Canal in his opening statement. Additionally, in the wake … Continue reading Red Sea: FMC warns of looming economic fallout